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Professional Exemption Guide

	Academic Qualification	Exemptions	Fee N
A	Ph.D.(Accounting) with M.Sc. (Accounting) and B.Sc.(Accounting)	All subjects in Foundation and Skills Levels	135,100.00
B	M.Sc. (Accounting) obtained from ICAN accredited institutions in addition to B.Sc. in Accounting.)	All subjects in Foundation Level B1.Financial Reporting B2. Audit and Assurance	91,100.00
C	M.Sc. (Accounting) obtained from ICAN accredited institutions but without B.Sc. in Accounting.	A2. Business, Management and Finance A3. Financial Accounting A4. Management Information	38,400.00
D	M.Sc. (Accounting) obtained from non-accredited institutions in addition to B.Sc. in any accounting related discipline.	A2. Business, Management and Finance A3. Financial Accounting A5. Business Law	38,400.00
E	B.Sc/HND (Accounting) obtained under the Mutual Co-operation Agreement with Tertiary Institutions (MCATI)	All subjects in Foundation and Skills Levels	135,100.00
F	ATSWA (from year 2010)	All Subjects in Foundation Level B2. Audit and Assurance B3. Taxation	91,100.00
G	ATS II (pre-2010)	A1. Business, Management and Finance A2. Financial Accounting A3. Management Information	38,400.00
H	B.Sc./HND (Accounting) obtained from ICAN- accredited institutions in Nigeria.	All Subjects in Foundation Level B2. Audit and Assurance	80,100.00
I	B.Sc./HND (Accounting) obtained from recognised institutions in Nigeria but not yet accredited by ICAN	A1. Business, Management and Finance A2. Financial Accounting A4. Business Law	38,400.00
J	B.Sc./HND (Accounting) obtained from foreign recognised institutions	A1. Business, Management and Finance A2. Financial Accounting	31,600.00
K	B.Sc./HND (Accounting)/ Masters in Accounting and Finance (MAF) obtained from foreign recognised institutions.	A1. Business, Management and Finance A2. Financial Accounting A3. Management Information	38,400.00
L	B.Sc./HND (Accounting) obtained from recognised institutions in Nigeria and MBA Finance.	All Subjects in Foundation Level B2. Audit and Assurance B6. Corporate Strategic Management and Ethics	91,100.00
M	B.Sc./HND (Accounting) obtained from recognised institutions in Nigeria but not yet accredited by ICAN plus MBA Finance.	A1. Business, Management and Finance A3. Financial Accounting A5. Business Law B6. Corporate Strategic Management and Ethics	73,300.00
N	B.Sc. Economics	A1. Business, Management and Finance	24,750.00
O	B.Sc. Economics/Statistics Economics/Computer Science	A1. Business, Management and Finance	24,750.00
P	B.Sc. Actuarial Science	A1. Business, Management and Finance A4. Business Law	31,600.00
Q	B.Sc./HND Insurance	A1. Business, Management and Finance A4. Business Law	31,600.00
R	B.Sc./HND/B.A Business Admin/Management/Public Administration	A1. Business, Management and Finance A1. Business Law	31,600.00
S	B.Sc./HND Banking and Finance	A1. Business, Management and Finance A4. Business Law	31,600.00
T	B.Sc./HND Marketing	A1. Business, Management and Finance A4. Business Law	31,600.00
U	MBA/MBF in addition to B.Sc./HND in non- accounting discipline	A1. Business, Management and Finance A4. Business Law	31,600.00
V	B.Sc. (Ed.) Accounting or B.Ed. Business Education (Accounting option)	A1. Business, Management and Finance A3. Financial Accounting A4. Business Law	38,400.00
W	B.Ed. Education Management (Accounting Option)	A1. Business, Management and Finance A2. Financial Accounting A4. Business Law	38,400.00
X	B.Ed(Business Education	A1. Business, Management and Finance	24,750.00
Y	B.Sc./B.A Commerce	A1. Business, Management and Finance A4. Business Law	31,600.00
Z	B.Sc./HND Cooperative and Rural Development	A1. Business, Management and Finance A4. Business Law	31,600.00
AA	LL.B/LL.M/LL.D	A4. Business Law	24,750.00

Professional qualifications
	Qualifications	Exemptions	Approved Rate N
a	Associate Chartered Institute of Bankers of Nigeria (ACIBN)	All subjects in Foundation Level and B2. Audit and Assurance B6. Corporate Strategic Management and Ethics	91,100.00
b	Associate Institute of Financial Services, UK (Formerly Chartered Institute of Bankers, London)	A2. Business, Management and Finance A3. Financial Accounting	31,600.00
c	Associate Chartered Institute of Stock Brokers of Nigeria (ACIS)	A2. Business, Management and Finance A3. Financial Accounting A5. Business Law	38,400.00
d	Associate Institute of Chartered Secretaries and Administrators (AICSA)	A2. Business, Management and Finance A3. Financial Accounting A5. Business Law	38,400.00
e	Associate Chartered Institute of Insurance of Nigeria (ACIIN)	A2. Business, Management and Finance A5. Business Law	31,600.00
f	Associate Chartered Institute of Taxation of Nigeria (ACITN)	All subjects in Foundation Level except Management Information (A4.) plus B3 Taxation in Skills	73,300.00
g	Certified National Accountant of Nigeria (CNA)	All subjects in Foundation and Skills Levels	135,100.00
h	Nigeria Institute of Management (Chartered)	A1. Business, Management and Finance	24,750.00
i	Executive Management in Accounting (EMA) obtained from Federal Treasury Academy with effect from 1987 (Formerly Federal Treasury Training School)	All subjects in Foundation Level >B2. Audit and Assurance	80,100.00
j	ICAEW	All levels but to write examination of experience	222,000.00
k	CIPFA, UK	All levels except the following subjects in each of the level: A5. Business Law C4. Advanced Taxation	203,300.00
l	CIMA, UK	All levels except C2. Advanced Audit and Assurance	210,000.00
m	ACCA, UK CPA, USA ICAS, UK ICAI, UK	All levels except the following subjects in each of the level: A5. Business Law B5. Public Sector Accounting & Finance C4. Advanced Taxation	192,300.00
n	ACCA, UK CPA, USA ICAS, UK ICAI, UK in addition to B.Sc In Accounting Obatain from Nigeria	All levels except the following subjects in each of the level: A5. Business Law B5. Public Sector Accounting & Finance C4. Advanced Taxation	199,100.00
0	AIA (Final) with effect from 1994 AAT (UK)	A2. Business, Management and Finance A3. Financial Accounting A4. Management Information B2. Audit and Assurance	73,300.00
p	AIA (Pre-1994)	A2. Business, Management and Finance A3. Financial Accounting A4. Management Information	38,400.00

Exemption Rates Per Paper

Levels	Rates
	1 paper	2 papers	3 papers	4 papers	5 papers	6 papers
Foundation	24,750.00	31,600.00	38,400.00	45,200.00	-	-
Skills	34,900.00	45,900.00	56,900.00	67,900.00	78,900.00	89,900.00
Professional	37,900.00	50,300.00	62,700.00	75,100.00	87,500.00	-

ABOUT MPD

Procedure for Registration Download Brochure

E-Learning

In order to facilitate and enhance the continuous professional development of all chartered accountants in compliance with international standards, the Institute's Mandatory Continuing Professional Development (MPD) was introduced.

The International Education Standard (IES) 7 prescribes continuing professional development required for professional accountants to develop and maintain their professional competence necessary to provide high-quality services to clients, employers, and other stakeholders and thereby strengthening public trust in the accountancy profession.

TRAINING AT A GLANCE

Programs	Sectors	Credit Points	Dates
MCPD	Islamic Finance	15	Aug. 28-29, 2024
MCPD	Telecommunications	15	Sept. 11-12, 2024
MCPD	General Corporate Management Practice	15	Sept.24-25, 2024
EMCPD	Building trust in tax for a sustainable future	17	Sept. 26-27, 2024
MCPD	Banking & Fintech	15	October 2-3, 2024
MCPD	Insolvency & Corporate Reengineering	15	October 16-17, 2024
EMPCD	Environmental, Social and Governance (ESG): Key co	17	October 30-31, 2024
MCPD	Capital Market	15	Nov. 6-7, 2024
MCPD	Consultancy	17	Nov. 13-14, 2024
MCPD	Insurance	15	Nov. 27-28, 2024
MCPD	Accountancy Practice	15	Dec. 10,11, 2024
EMCPD	Artificial Intelligence (AI) and Intelligent Autom	17	Dec. 10,11, 2024
MCPD	Tax Practice	15	Dec. 18-19, 2024

Why MPD

The rapidly changing business environment coupled with disruptive technology places increasing demand on the professional competence.

Objective of MPD Programme

To develop and maintain the professional competence necessary for professional accountants.

MPD Credit Hour Requirements

The MPD is Compulsory for EVERY QUALIFIED MEMBER, of the Institute whose membership is current.

MPD Seminar

Every member of the Institute is required to obtain a minimum of forty (40) credit hours in a year. MPD credit hours is obtainable both for structured and unstructured activities.

For WHOM?

The MPD is Compulsory for EVERY QUALIFIED MEMBER, of the Institute whose membership is current. However, any member of the public seeking for knowledge can also participate in the various programmes.

MB039812

MPD has given me a well improved knowledge about every sphere of my professional career and helped me make the necessary changes that I needed to make in my career.

— ANYAEGBU, EKENE STANLEY

MB027050

MPD training has enhanced my technical competence and has proved to be worth the money. Kudos to ICAN!

— ADEDOYIN, SEYI AFOLABI

MB038366

Thank you ICAN for this wonderful service. MPD has constantly kept me in touch with my profession and the training is absolutely invaluable.

— ${Member Name}

MB038933

MPD has added value to me on the job and changed the way I do my job. It has helped me to redirect my thinking and add value to the job I do.

— ${Member Name}

MB017417

MPD has enhanced my professional competency, kept me abreast happenings within the profession and helped solved on the job challenges. MPD is truly value adding.

— ADISA, WASIU Olanrewaju

MB030345

I have gained new experiences with the Case Studies shared during the MPD training I have attended so far. Value received during these training has increased my value at my work place as I am able to apply solutions proffered during real live situations.

— ${Member Name}

MB021228

I have to hand it to ICAN. MPD training has proven to be enriching as the topics apply to current economic realities and are also forward thinking. For the fees charged, I think this is real value.

— ${Member Name}

MB019957

MPD training refreshes my memory on financial matters and the accountancy profession in general. Keeps me on my toes too.

— ABRAHAM, Olufisayo Olajumoke

PROGRAMME	SECTOR	DATES	MODE/LOCATION	FEE (N)	REGISTER	CREDIT POINT
MCPD	Insolvency & Corporate Reengineering	October 16-17, 2024	Virtual	20,000.00	CLICK HERE	15
EMPCD	Environmental, Social and Governance (ESG): Key co	October 30-31, 2024	Physical	100,000.00	CLICK HERE	17
MCPD	Capital Market	Nov. 6-7, 2024	Virtual	20,000.00	CLICK HERE	15
MCPD	Consultancy	Nov. 13-14, 2024	Physical	30,000.00	CLICK HERE	17
MCPD	Insurance	Nov. 27-28, 2024	Virtual	20,000.00	CLICK HERE	15
MCPD	Accountancy Practice	Dec. 10,11, 2024	Physical	30,000.00	CLICK HERE	15
EMCPD	Artificial Intelligence (AI) and Intelligent Autom	Dec. 10,11, 2024	Virtual	35,000.00	CLICK HERE	17
MCPD	Tax Practice	Dec. 18-19, 2024	Physical	30,000.00	CLICK HERE	15

ATS EXEMPTION FEES
S/N	QUALIFICATION	LEVEL OF EXEMPTION	CURRENT RATE(₦)
1	OND Accounting (Accredited Institution)	Part I & II (All Subjects)	28,300.00
2	NCE Accounting (Accredited Institution)	Part I & II (All Subjects)	28,300.00
3	OND Fin. Studies/Banking & Fin.	Part I & PPFA in Part II	23,200.00
4	OND Bus. Studies/Bus. Admin.	Part I (All Subjects except Law)	11,950.00
5	AAT U.K	Parts I, II & III (Except Bus Law [I] Govt. Acctg [II] & PTCR [III])	40,000.00
6	OND Statistics	Q/A	9,800.00
7	OND Computer Science	I.T	9,800.00
8	OND Insurance	Q/A	9,800.00
9	OND Marketing	Economics	9,800.00
10	Diploma in Accounting (Uni. Ben.)	Parts I & II (Except Govt. Acctg)	26,550.00
11	Diploma in Public Accounting (Kad. Poly)	Parts I & II (All Subjects)	28,300.00
12	Diploma in Public Accounting (Kwara Poly)	Parts I & II (All Subjects)	28,300.00
13	Diploma in Accounting (Uni. P/H)	Part I & PPFA in Part II	23,200.00
14	OND Accounting (NASFA)	Parts I & II (All Subjects)	28,300.00
15	OND (Petroleum Marketing & Bus. Studies)	Business Law	9,800.00
16	Diploma in Accounting (Olabisi Onabanjo Uni.)	Parts I & II (All Subjects)	28,300.00
17	OND Accounting (Non Accredited Institution)	Part 1 Only	13,400.00
18	OND Accounting & ATS1	Part11 only	14,850.00

Registration Status

How to pay for Exemption

Professional Exemption Guide

Professional qualifications

Exemption Rates Per Paper

ATS EXEMPTION FEES

S/N

QUALIFICATION

LEVEL OF EXEMPTION

CURRENT RATE(₦)